I. Introduction• Purpose: Explanation of a streamlined estate plan designed to avoid probate without using a trust.• Key Benefits: Minimizes court involvement, simplifies asset transfer, reduces costs, and ensures faster distribution of assets.• Limitations: Not ideal for complex family situations, larger estates, or beneficiaries with special needs or disabilities. II. Core Components of the PlanA. […]
Protecting Your Minor Children: Essential Estate Planning Considerations When creating an estate plan for the future, ensuring your minor children are safeguarded and provided for is a primary concern. Thoughtful estate planning can help you establish clear directions for asset management, guardianship, and decision-making in case of unexpected events. Choosing the right people to serve […]
Maintaining accurate land records is a matter of administrative protection. In Oklahoma, the responsibility for ensuring that oil companies and landmen can find you rests entirely with the mineral owner. Because land records are static, they do not “follow” you when your life circumstances change. If you own minerals—especially non-producing ones—it is helpful to understand […]